224 Wheat Farm RdColumbiaSC29209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Columbia at 224 Wheat Farm Rd, Columbia, SC, 29209 at $299,400 posts ROI 30.48% with $874/mo cash flow from $2,656/mo rent. Total monthly income equals $2,656/mo, and annual cash flow records $10,490/yr on $99,251 to close. Return on cash invested measures 30.48% and rental yield reads 10.65% at the current $299,400. Equity gained on principal adds $1,932/yr, and 5% annual appreciation supports $82,719 by year five. Five-year ROI prints 159.25% and total cumulative return in cash totals $158,055.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
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Nearby investment properties with comparable prices
Listed by: Amber Reis • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls ID: #612121